There are two companies we know of that have potential to become future NFT plays: Helix Applications (TSXV: HELX) and GoldMoney (TSX: XAU).
For this reason, NIA's President Gerard Adams has invested into both companies. Gerard has also invested into North Peak Resources (TSXV: NPR) which has retained a 5% royalty in all future profits from technologies/applications developed based on HELX's U.S. blockchain patents.
The biggest problem with NFTs today is that there is currently nothing to stop people from issuing multiple NFTs of the same digital artwork/collectible over multiple blockchains.
HELX's U.S. blockchain technology patents are all based on having interoperable blockchains. Click here to read HELX's homepage. It explains, "Interoperability endows blockchain technology with the ability to exchange data and value across different operating systems and protocols. Growth in the digital, tokenized economy becomes exponential as interoperability grows."
XAU's decentralized Totenpass technology under development will likely see NFT artwork/collectibles become its most common use! Click here to learn about Totenpass!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from HELX of USD$50,000 cash for a six-month marketing contract. NIA's President has purchased 10,000 shares of HELX in the open market. He intends to sell these shares in the future for a profit and can sell them at any time without notice. NIA's President has purchased 200,000 shares of NPR in the open market. He intends to sell these shares in the future for a profit and can sell them at any time without notice. NIA's President has purchased 45,000 shares of XAU in the open market. He intends to sell these shares in the future for a profit and can sell them at any time without notice. This message is meant for informational and educational purposes only and does not provide investment advice.